Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in India - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in India (FOB) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in India (CIF) - 2022
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in India
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in India
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in India (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $3,084 per ton in 2022, increasing by 5.8% against the previous year. Over the period under review, the export price, however, saw a pronounced slump. The growth pace was the most rapid in 2020 when the average export price increased by 11%. Over the period under review, the average export prices reached the maximum at $3,863 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($3,918 per ton), while the average price for exports to Tunisia ($1,862 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.2%), while the prices for the other major destinations experienced a decline.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in India (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $1,807 per ton, growing by 14% against the previous year. Overall, the import price, however, recorded a deep contraction. Over the period under review, average import prices hit record highs at $4,401 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,801 per ton), while the price for Sweden ($493 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.3%), while the prices for the other major suppliers experienced a decline.
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in India
In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses exported from India surged to 30K tons, rising by 49% on 2021 figures. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses surged to $94M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 20.7 | 15.4 | 20.9 | 39.1 | 23.6% |
South Africa | 5.0 | 5.2 | 3.8 | 6.2 | 7.4% |
Canada | 4.2 | 2.2 | 4.8 | 4.9 | 5.3% |
United Arab Emirates | 5.0 | 1.5 | 2.7 | 3.7 | -9.5% |
Netherlands | 2.1 | 0.5 | 0.7 | 3.5 | 18.6% |
Mexico | 0.7 | 1.0 | 1.4 | 3.5 | 71.0% |
Saudi Arabia | 2.2 | 2.9 | 3.6 | 3.4 | 15.6% |
Belgium | 0.9 | 1.8 | 2.0 | 2.5 | 40.6% |
Germany | 7.4 | 6.5 | 1.8 | 1.9 | -36.4% |
Australia | 2.5 | 1.1 | 1.4 | 1.8 | -10.4% |
Georgia | N/A | N/A | N/A | 1.7 | 0% |
Brazil | 0.1 | N/A | 0.3 | 1.6 | 152.0% |
Tunisia | 0.9 | 0.5 | N/A | 1.1 | 6.9% |
Others | 27.4 | 20.6 | 16.2 | 18.9 | -11.6% |
Total | 79.0 | 59.4 | 59.6 | 93.9 | 5.9% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from India in 2022:
- United States (12.5K tons)
- Canada (1.7K tons)
- South Africa (1.7K tons)
- Saudi Arabia (1.6K tons)
- Netherlands (1.6K tons)
- United Arab Emirates (1.5K tons)
- Mexico (0.9K tons)
- Germany (0.8K tons)
- Tunisia (0.6K tons)
- Belgium (0.6K tons)
- Brazil (0.5K tons)
- Georgia (0.5K tons)
- Australia (0.5K tons)
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in India
In 2022, approx. 9.8K tons of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were imported into India; with a decrease of -11.4% on the previous year. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 32%. As a result, imports reached the peak of 11K tons, and then shrank in the following year.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses totaled $18M in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.1 | 8.2 | 12.2 | 13.9 | 15.2% |
United States | 1.2 | 0.6 | 0.6 | 0.7 | -16.4% |
Australia | 0.6 | 1.0 | 0.9 | 0.6 | 0.0% |
Spain | 0.2 | 0.2 | 0.5 | 0.3 | 14.5% |
Canada | 0.2 | 0.3 | 0.3 | 0.1 | -20.6% |
Others | 3.2 | 3.2 | 3.0 | 2.1 | -13.1% |
Total | 14.7 | 13.5 | 17.4 | 17.6 | 6.2% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to India in 2022:
- China (7.7K tons)
- Australia (0.8K tons)
- United States (0.4K tons)
- Spain (0.3K tons)
- Canada (0.1K tons)
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